Tim Bradley President CO Group - Kinder Morgan
Tim Bradley President CO Group - Kinder Morgan
Tim Bradley President CO Group - Kinder Morgan
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Katz <strong>CO</strong> 2 ProjectThe first yearInvestment• $199MM project total, $125MM thru 2011Oil Response• 2011 plan 1,455 vs. actual 499 Bbl/d• Response delayed 7-8 month• Effect was 875 Bbl/d (95% of short fall)7,0006,0005,000Bbl/dRecent Operation Challenges• Scale, Asphaltine, Corrosion• Fix by lower tubing, tubing liner and chem.• Sub pump – more robust motors• Effect was 45 Bbl/d (5% of short fall)2012 Expected Production – 2,267 Bbl/d• Existing patterns production continues to climb• Increase pattern activations by 50% (18-27)• Increase <strong>CO</strong> 2 purchases by 25% (45-57 MMcf/d)4,0003,0002,0001,0002011 Budget2012 Current ViewAFEActuals-1/1/2011 1/1/2012 1/1/2013 1/1/201422
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